🚨BREAKING: MIDNIGHT MAINNET SURPASSES 1 MILLION TRANSACTIONS!
A major milestone for the @MidnightNtwrk ecosystem! 🎉
According to Midnight Explorer, Mainnet has now recorded over 1,019,963 transactions.
📈 Daily transactions tell an even bigger story:
• Sep 27: 128 transactions
• Oct 26: 47,714 transactions
That's a 372x increase in daily activity in just one month! 🔥
A remarkable sign of growing on-chain activity as Midnight's privacy-first ecosystem continues to evolve.
JUST IN: MIDNIGHT HITS 970K+ MAINNET TRANSACTIONS
Midnight has processed over 970,000 transactions on mainnet, according to Midnight Explorer an 85% increase over the past 7 days.
ROAD TO Link:NYC
NEW: The Hong Kong Gold Exchange (HKGX), the world’s fourth-largest gold trading venue by volume, is bringing its gold-backed token to Chainlink CCIP.
@goldzipxgz is integrating CCIP with @midaslabsxyz, enabling HKGX backed XGZ to move securely across blockchains.
Privacy is one thing. Building it securely is another.
ICYMI: @yourdefimom and @G_Man_Crypto joined @CertiK to discuss Midnight’s approach to protocol security, the move toward permissionless deployment, and what builders need to know. 👇
Chainlink keeps pumping out new products that all the institutions need. They are literally being told "We need this solved" and Chainlink leans into the fact it holds all the marbles (data + interop + orchestration + more) to make it happen.
Collateral stays with the custodian. When an institution deposits collateral with their qualified custodian, the custody balance is published onchain via Chainlink Proof of Reserve, providing a verifiable onchain record of collateral anyone can verify.
Collateral is represented onchain. A transfer-restricted receipt token representing the assets held in custody is then posted to the onchain lending market. Its supply reflects the assets held in custody and carries no claim on the underlying assets outside the lending integration.
Clients borrow directly. Assets move from the lending market to the borrower in a single transaction. Every borrow, repayment, and interest accrual is recorded in the custodian's records automatically.
Both systems priced from the same source. The lending market reads Chainlink Data Feeds onchain, while Chainlink Data Streams deliver identical values directly to the custodian’s offchain systems, so both sides calculate LTV from the same data.
The collateral agent facilitates liquidations. If a loan breaches the defined liquidation threshold, the appointed collateral agent sells through its own process. CustodySync records the committed sale proceeds onchain ensuring the position remains stable while the sale settles, with final settlement executing via a single atomic transaction.
CustodySync combines multiple components of the broader Chainlink platform into a single solution:
$LINK
The GRU hacked into Jared Kushner's iPhone. Dutch military intelligence (MIVD) then recruited a GRU spy who gave them access to the hacked phone. What MIVD discovered was that Kushner had access to two bank accounts --one Azerbaijani, the other Israeli --where Saudi Crown Prince Mohammed bin Salman and Emirati ruler Mohammed bin Zayed deposited money. It sounds like a slightly far-fetched episode of "Slow Horses," but it's real. And it proves just how eye-poppingly corrupt this administration was and continues to be as its "special envoy" decides the fate of tens of millions in Europe in the Middle East. Simply incredible reporting by Matthew Cole, drawn from his new book on Kushner. https://t.co/8AyV60gg1X
Introducing Chainlink CustodySync, a new solution that lets qualified custodians give their institutional clients access to DeFi lending markets, all while assets remain securely in custody.
With @Anchorage as the official launch partner, together we’re establishing a new standard for institutional DeFi.
CustodySync keeps custody and lending systems in sync across the full lifecycle of a loan:
→ For custodians: faster time to market and lower operational overhead, with custodian-managed controls
→ For lending markets: independent, verifiable data and a consistent risk framework
→ For institutions: passive capital becomes productive capital
More than $80 billion sits in DeFi lending markets. Meanwhile, the roughly $700 billion in digital assets under custody is less than 0.5% of all $250 trillion in traditional assets under custody. The opportunity to connect traditional institutional capital to onchain finance remains vast.
Large institutions have lacked a secure way of accessing these markets. Regulations require many of them to keep their digital assets with a qualified custodian, a firm that meets specific requirements for holding assets on behalf of clients, and custody systems were never built for DeFi. Even when custody and lending systems are connected, inconsistent loan valuations can trigger premature liquidation or delayed liquidations, exposing borrowers and lenders to significant financial risk.
@Anchorage, home to the first federally chartered digital asset bank in the U.S., is the first qualified custodian to adopt CustodySync, connecting its institutional clients to DeFi lending markets while their assets remain in regulated custody.
Institutional capital no longer has to choose between the security of custody and the liquidity of DeFi.
With Chainlink, it gets both.